Strong growth is expected to continue in Emerging Europe in 2018, driven by robust private demand and a dynamic external sector. In the Czech Republic, increase in wages is driving private consumption. Following the removal of the exchange rate floor in April 2017, value of the Czech currency koruna is likely to strengthen further in 2018. Hungarian growth is primarily driven by resumed disbursement of EU structural funds as well as continued real wage growth and employment increases. Turkey is expected to register strong growth in 2017 supported by large fiscal stimulus and strengthened domestic demand. Country Coverage – Emerging Europe• The Czech Republic• Hungary• Poland• Turkey• UkraineSector

Strong growth is expected to continue in Emerging Europe in 2018, driven by robust private demand and a dynamic external sector. In the Czech Republic, increase in wages is driving private consumption. Following the removal of the exchange rate floor in April 2017, value of the Czech currency koruna is likely to strengthen further in 2018. Hungarian growth is primarily driven by resumed disbursement of EU structural funds as well as continued real wage growth and employment increases. Turkey is expected to register strong growth in 2017 supported by large fiscal stimulus and strengthened domestic demand.